Category: Business

pvt ltd company

Advantages & Disadvantages of Private Limited Company in India

A Private Limited Company as defined under section 2 (28) of the Companies Ordinance Act of 1984, which states: The number of maximum shareholders is 50 with a minimum of 2 shareholders and directors. Prohibits the initial public offering for making any pledge for the companies’ shares. It restricts the right of transfer of shares…

Limited Liability Partnership

A Complete Guide to Form a Limited Liability Partnership (LLP)

A firm formed by Limited Liability Partnership agreement is like a Traditional Partnership Firm but with Limited Liability. It has become a preferred choice of businessmen who, earlier used to register as partnership firms. It blends the benefits of a Traditional Firm (fewer regulations, more control), and that of a corporate entity (Limited Liability of…